Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), the Chairman of the Subcommittee on Oversight and Investigations, Bill Huizenga (MI-04), the Chairman of the Subcommittee on Digital Assets, Financial Technology and Inclusion, French Hill (AR-02), and the Chairman of the Subcommittee on Capital Markets, Ann Wagner (MO-02), sent a letter to… Read more »
January 8, 2024 | By Rep. Warren Davidson (R-Ohio)
Congress has been inundated with calls to create an expansive anti-money laundering framework to address the over-exaggerated (and often mischaracterized) presence of illicit finance in the digital asset ecosystem. It’s time we had a serious discussion on what these… Read more »
January 8, 2024 | By Rep. Warren Davidson (R-Ohio)
Congress has been inundated with calls to create an expansive anti-money laundering framework to address the over-exaggerated (and often mischaracterized) presence of illicit finance in the digital asset ecosystem. It’s time we had a serious discussion on what these proposals… Read more »
Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement after House and Senate leadership announced an agreement on topline spending levels for Fiscal Year 2024 appropriations. The agreement reinforces the historic spending cuts and regulatory changes from the Fiscal Responsibility Act, which Chairman McHenry and Congressman… Read more »
Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following hearing:
Full Committee Hearing Entitled: “Oversight of the Department of Housing and Urban Development and the Federal Housing Administration”
Time: 10:00 AM ET
Date: Thursday, January 11, 2024
Place: 2128 Rayburn House Office Building
Additional… Read more »
Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), announced the following hearings:
Capital Markets Subcommittee Hearing Entitled: “Examining the DOL Fiduciary Rule: Implications for Retirement Savings and Access”
Time: 10:00 AM ET
Date: Wednesday, January 10, 2024
Place: 2128 Rayburn House Office Building
Additional… Read more »
Today, the Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), issued the following statement in response to the Financial Crimes Enforcement Network’s (FinCEN) release of its final rule regarding access to beneficial ownership information.
“While FinCEN’s final rule regarding access to beneficial ownership information is a step in the right direction,… Read more »
The Chairman of the House Financial Services Committee, Patrick McHenry (NC-10), and Congressman Mike Flood (NE-01) led 18 of their colleagues on a letter to Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra requesting an extension of the comment period for the proposed rulemaking entitled, “Defining Larger Participants of a Market for General-Use Digital… Read more »
The Chairman of the Financial Services Committee, Patrick McHenry (NC-10), was joined by the Chairman of the National Security, Illicit Finance, and International Financial Institutions Subcommittee Chairman, Rep. Blaine Luetkemeyer (MO-03), Chairman of the Financial Institutions and Monetary Policy Subcommittee, Rep. Andy Barr (KY-06), and Chairman of the Digital Assets, Financial… Read more »
Following concerns from constituents and small business groups about a new financial reporting requirement expected to take effect in just a few weeks, House Financial Services Committee Chairman Patrick McHenry (R-NC), Representative Warren Davidson (R-OH), Senator Rick Scott (R-FL), and Senator Mike Rounds (R-SD) led 76 of their colleagues in sending a bicameral letter to… Read more »
